Summary:

Roxio, which this week bought the Pressplay music service, on Wednesday posted sharply higher Q4 earnings. The Santa Clara, California-based…

Roxio, which this week bought the Pressplay music service, on Wednesday posted sharply higher Q4 earnings. The Santa Clara, California-based company said its move into online music distribution later this year would allow it to diversify its revenues but kept quiet on its specific plans for a Napster-branded service based on Pressplay.

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